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THE I-75 CORRIDOR IS A KEY MARKET FOR CAMPUS-STYLE CORPORATE ENVIRONMENT

CURRENT SITUATION

I-75 Office Breakdown

Major Leases Quarter Leased Building Name

Leased SF

Deal Type

Class C 548,090 , 7%

Tenant Name

1Q2019

8800 Hidden River

CitiGroup

135,000 Renewal

Class B 3,021,081, 39%

Class A 4,148,334, 54%

3Q2019

Highwoods Preserve VII

Metlife

115,230 Renewal

3Q2019

Highwoods Preserve V

MetLife

60,794 Renewal

1Q2020 Tampa Oaks One

Aspen University

29,562 New

4Q2019

Hidden River Corporate Center III United Insurance Management 26,678 New

Class A Class B Class C

3Q2018

Hidden River Corporate Center III Datalink Services Fund Solutions

26,141

New

3Q2018

Intellicenter - Tampa Phase I

Open Text

21,344 Renewal

Overall Leasing Activity and Absorption

Overall Direct Vacancy and Rental Rates

1,000,000

$18.00 $19.00 $20.00 $21.00 $22.00 $23.00 $24.00 $25.00

25.0%

800,000

20.0%

600,000

15.0%

400,000

10.0%

200,000

5.0%

0

0.0%

(200,000)

(400,000)

Leasing Activity Direct Net Absorption

Direct Gross Asking Rental Rate

Direct Vacancy Rate

38 Cushman & Wakefield